Why your living standards will fall
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It’s amazing watching the mainstream slowly converge with MB’s long-held views on the Australian economy.
After arguing for years that Australians are facing falling living standards as the terms-of-trade retreats from record highs, this realisation is slowly dawning on the body politic.
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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness.
Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.
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